SRZN

Surrozen, Inc./de Health Care Biological Products, (No Diagnostic Substances) Russell 3000
$29.04Close $283.9MMarket cap $16.16 – $33.6852-week range Nov 6, 2026Next report

Highlights

Strengths

  • Volume drying up last 10 days 43% under the 50-day average

Cautions

  • Earnings shrinking EPS −53% year on year
  • Results soon Nov 6, 2026, in 5 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 14%
1wk up 14.0% price change
1mo down 9.8% price change
12-month return up 31% total, dividends included
F-score — — Not assessed
Altman Z -7.26 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield down 21.6% EBIT / enterprise value
Cheaper than 5% of the market · expensive
Revenue growth down 67% year on year
EPS growth down 53% latest quarter
Sales growth up 409% latest quarter · +0 pts
ROE — return on equity
Free cash margin down 874% -$30.4M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 8.6% $2.49 a day · 2×ATR $24.06
RS — vs the universe
Trend — trend template
Relative volume — vs 50-day average
Up/down volume — 50 sessions
Implied move — no option chain · report Nov 6, 2026
Contractions 2 38% → 29%
Pivot $30.97 6.2% below
Volume dry-up 0.6× 10 vs 50 sessions

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Liabilities exceed assets Shareholders' equity is negative at -$187.8M as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Shareholders diluted The share count rose 199.7% over the year, from 3m to 10m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 67.4% over the year, from $10.7M to $3.5M.
Last reported Oct 20, 2026
Last shock Oct 12, 2026-17% in one session1.8× volumeno filing matched+17% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.5M -67% on FY2024
$0 $20M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 · $0 FY2022 · $12.5M FY2023 · $0 FY2024 · $10.7M FY2025 · $3.5M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$242.0M
-$250M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$32.7M FY2021 · -$54.6M FY2022 · -$36.0M FY2023 · -$43.0M FY2024 · -$63.6M FY2025 · -$242.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$30.4M
-$100M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$30.0M FY2021 · -$50.1M FY2022 · -$44.9M FY2023 · -$40.8M FY2024 · -$17.7M FY2025 · -$30.4M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -6961%
  • Free cash -874%
-10000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 FY2022 · Net -288% · Free cash -359% FY2023 FY2024 · Net -597% · Free cash -166% FY2025 · Net -6961% · Free cash -874%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $35.0M FY2021 · Cash $33.1M FY2022 · Cash $24.7M FY2023 · Cash $36.0M FY2024 · Cash $34.6M FY2025 · Cash $89.2M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 9.78m -46.5% since FY2020
35.03m 2.01m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 18.26m FY2021 · 35.03m FY2022 · 2.01m FY2023 · 2.06m FY2024 · 3.26m FY2025 · 9.78m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue — $0 $12.5M $0 $10.7M $3.5M
Operating income -$32.8M -$54.4M -$44.3M -$45.8M -$25.5M -$42.1M
Net income -$32.7M -$54.6M -$36.0M -$43.0M -$63.6M -$242.0M
Net margin — — -288% — -597% -6961%
Earnings per share — -$2,213.46 -$15,559.20 -$21,329.04 -$21,672.01 -$32,365.07
Free cash flow -$30.0M -$50.1M -$44.9M -$40.8M -$17.7M -$30.4M
Free cash margin — — -359% — -166% -874%
Cash $35.0M $33.1M $24.7M $36.0M $34.6M $89.2M
Shareholders' equity $47.3M $109.7M $76.0M $37.9M -$21.4M -$187.8M
Shares outstanding 18.26m 35.03m 2.01m 2.06m 3.26m 9.78m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Mar 23, 2026 Annual ↗ Dec 31, 2025 82d
Nov 7, 2025 Quarterly ↗ Sep 30, 2025 38d
Aug 8, 2025 Quarterly ↗ Jun 30, 2025 39d
May 9, 2025 Quarterly ↗ Mar 31, 2025 39d
Mar 31, 2025 Annual ↗ Dec 31, 2024 90d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 12, 2024 Quarterly ↗ Jun 30, 2024 43d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Apr 10, 2024 Annual ↗ Dec 31, 2023 101d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports